It’s been an exciting last few weeks for Invest Buffalo Niagara, as we have been able to announce several new business expansions to Western New York that our team has assisted through the process. Check out just some of our recent wins below! And if you or someone you know is interested in utilizing our business expansion resources, just reach out!
Max Advanced Brakes | 12 new jobs, $4 million investment
Max Advanced Brakes is a Canadian company that Invest Buffalo Niagara assisted through the international due diligence process, landing the company in Buffalo Niagara for their first US presence. Our economic development project managers shepherded the company through connections with accounting, legal, staffing, insurance, and banking considerations. The company sells premium pads and rotors that enhance braking performance in all conditions. The US expansion will create 12 additional jobs and over $4 million in investment within Buffalo Niagara.
Not only is this a business attraction and Can-Am win, it’s also a win for our region’s site availability efforts, with Uniland Development Corporation developing 8 Dona originally on spec and now welcoming their second tenant, Max Advanced Brakes. The company’s expansion decision was recently featured in The Buffalo News and you can read the article here.
Medgro Bio, Inc. | 3 new jobs, $10,000 investment
Medgro Bio Inc. is a new plant biotechnology company that is active in the medicinal plant space and plant-based industries. The company will be improving the growth and yield of plants for those industries using proprietary technologies. The company was established in New York City but was interested in exploring Buffalo for its launch because of the experienced workforce within life and health sciences.
InBN assisted Medgro Bio by identifying and touring various labs to assess suitability for the company needs, incentive coordination through Start-Up NY program, and connected the company with the University at Buffalo Center of Excellence in Materials Informatics for possible collaboration.
The company was approved for Startup NY and will be leasing 1,100 sq. ft. space at the Hauptman-Woodward Institute (HWI), completing their relocation from NYC to Buffalo.
PM Plastics | 26 new jobs, 17 retained jobs, $12 million investment
PM Plastics, an Orchard Park injection molding company, was acquired by local Buffalo business-people in the Fall of 2021. The ownership group wanted to retain the local workforce, but was not sure that any expansions of operations and workforce would be feasible in Western New York.
Invest Buffalo Niagara assisted the company through New York State support via the Excelsior Jobs Program, as well as exploring other potentially applicable incentive programs. Following those incentives and additional project management services, PM Plastics was able to not only retain its local workforce but also expand operations.
Linita Design | 25 jobs, $1 million investment
Invest Buffalo Niagara originally helped Linita Design’s expansion in 2009. As the company now was anticipating multiple new contracts that would require additional employees and space, they reconnected with Invest Buffalo Niagara for further assistance on an expansion.
On this project, our team helped Linita connect to funding opportunities to meet the demands of their on-coming contracts. InBN connected Linita with Erie County Industrial Development Agency and Empire State Development, among others. As a result, the company will be be hiring an additional 25 people to fulfill it’s expanded workload, and do so right here in Buffalo Niagara.
Project Green Light | 20 jobs, $1 million investment
Project Green Light is a new agribusiness startup, specifically providing testing within the cannabis industry. The company will test for pesticides, heavy metals, moisture content, and additional potential contaminants. The company was referred to InBN through the University at Buffalo and our organization assisted with the Startup NY process and site coordination. Project Green Light will take space at the Innovation Center on the Buffalo Niagara Medical Campus, with plans to hire 20 employees and invest over $1 million in lab equipment.